Page 12 Advertisements Column 6

New Zealand Times, Volume XXIX, Issue 6314, 14 September 1907, Page 12

SALES BY AUCTION. WEDNESDAY, OCTOBER 9th, 1907, AT 2.30 P.M. SPECIAL TO SPECULATORS, MERCHANTS, TRUSTEES, COMPANIES AND INVESTORS. MAGNIFICENT FREEHOLD PROPERTY (In the heart of the Empire City.) THE MOST CENTRALLY SITUATED BLOCK OF UP-TO-DATE BUILDINGS EVER OFFERED IN WELLINGTON. TMTESSES J. H. BETHUNE AND CO. have been favoured with instructions from C. A. Fletcher, Esq., who contemplates leaving on an extended visit to Europe, to sell by Public Auction at their rooms, Featherstou street, Wellington, on WEDNESDAY, OCTOBER 9th, 1907, AT 2.30 P.M., THAT SPLENDID, WELL-KNOWN FREEHOLD PROPERTY, Nos. 1 and_3, Willis street, situated almost at its junction with Lambtou Quay, and within 230 yards of the G.P.0., containing 2U nerches, and having a frontage of 28ff'3in to Willis street, widening 87Jft from the street to 42ft Gin, and being of a width of from 42ft Gin to 45ft Sin for the balance of tho depth —i. 0., 76ft 3iu. 5T COL ? / mutual / SOCIETY.

"With the property is a right-of-way Bft wide on the southern side held under a | 999 years’ lease from August, 1874, at a rental apportioned to the land for sale of £5 per annum. The use of a party wall on the southern side goes with the property for sale. Erected upon the land are the substantial brick-and-conorete premises of three stories on the Willis street frontage and four stories on the back portion of the land, built on modern lines, having all latest improvements, and insured for £9BOO. Tho ground-floor shop, which is occupied by Mr Carroll, is one of the most attractive and well-arranged retail shops in the city, with double plate-glass -windows, stamped ceilings, walls 14ft high, and every convenience for its present occupation as fashionable tea rooms. The whole of the property is occupied by permanent tenants - at moderate rentals, which now total £1719 per annum, and are capable of considerable mcrease_ by j udicious management. The outgoings aro £270 10s per annum: the net rental income being £1448 10s. Tho unique position of the above property, AT THE HUB OE THE BUSINESS PART OP WELLINGTON, AT THE JUNCTION OF THE TWO BEST STREETS IN THE CITY, must guarantee to a purchaser the safest of investments, and an absolutely certain increase in value. The Auctioneers would specially direct the attention of buyers to the fact that the above property has a much greater depth than any other property in this part of tne city. The total depth from W’illis street is 163 ft 9in, and for 76ft of this depth the land averages a width of 44ft. Freehold Sites in this part of tho city are now firmly held as investments, and very rarely come into the market. The increase in value of Central Busi- | ness Property in Wellington, which in the past has been great, must in the near future be still greater. Tho opening of the Panama Canal, the Main Trunk Railway, and the steady influx of population will all combine to better trade, and, as a consequence, better tho rental value of our most central sites. A large proportion of the purchase money may remain on mortgage at -11 and 5 per, pent, interest. .TITLE —Land Transfer,. For full particulars, conditions of sale, and terms, apply to J. H. BETHUNE AND CO.. 562 . Auctioneers. A GRAZING RUN, Awakino District AV —4750 Acres, 2000 acres of which is rich flat land, 600 acres in grass, balance bush, small rent, 1 mile from landing; 30s per acre; terms easy. Pull particulars from W. CHAMBERLAIN, Laud Agent, Woodville.

WILLIAM H. TURNBULL & CO.. 3, PANAMA STREET. NEWTOWN BRANCH. BIDDIFOED STREET. KILBIRNIE —Brand New House, one KAROEI—Smart, up-to-date, brand new door. 5 rooms, bot and cold water, e. 1., level section, only a minute from' tram, sunny, sheltered spot. This is a property we can thoroughly recommend. Inspection invited. Key and further particulars on application. KAROEl—Nearly J-acre section and now bouse, 6 rooms, well built by day labour, modern conveniences, bright, sunny aspect. View cannot bo shut out. Wo can sell at £BSO on the handiest of terms, and will be pleased to take out intending buyers at any time. KILBIENIE, Henry street (close to tram at Constable street)—Land 80ft frontage' by a depth of over 200 ft, commanding position, new house now on the land, and ample room for two others.. Price. .£1250; terms. INVESTMENT —South Wellington, two Shops and Dwellings, ■ new and up to date: total rent, 55s per week. Price, .£I7OO, part of which may remain at 4i per cent. We are prepared to meet a buyer as to terms. KAEORl—Governor road, 61 x 147, two frontages and neat of 3 rooms and conveniences (easily and cheaply added to). Price, ,£6OO. Terms. MOUNT VICTORIA—S rooms on 33 x 100, situated in good part of Brougham street: land worth .£l6 per foot. Price, —'7s, or offer. Handy t terms given. house, everything right up to date, i locality, nearness to present tramline and lay of large section are all that could be desired. Price, £1250. Seller wants cash down, but we can finance a buyer with a couple of hundred or so to pay down. KELBUENE—Splendid New House of 9 rooms on large section in Central - Terrace, unsurpassed view from practically all windows. Will lease for, say, 5 years at £9O per year, clear of taxes, with a purchasing clause at £I6OO. Price for goodwill ■ £IOO, or will sell outright at £I7OO. TO MERCHANTS, Indentors, and Retailers.—W o have .for sale, within 100 yards of the Town Hall, a splendid block of land, over 60ft frontage, at just over £IOO per foot. This is in the liveliest of Wellington's lively streets, and will undoubtedly pay to hold at the price. We are prepared to discuss terms with genuine inquirers. THORN DON QUAY Magnificent site for a bulk store on a block of level laud over SOft square, ■ One of the few large sites available on the flat. Cheap to prompt buver for cash. ~ %r rnTr\r iv, A c nr*_ i v * i FACTORY (heart of Te Aro) About 40 M V SO 5 stables, etc,, at rear; building only 3 years; occupation practically right away: land 40 x 70. Price -£IBSO. WELLINGTON TERRACE (just off) - Building land, with a good street frontage of 05ft; practically level. Price, jC 15 10s per foot.